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Nov 7, 2012
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europe's debt crisis appears to be getting worse. there was rioting in greece today over new budget cuts and word that even europe's strongest economy, germany, is in trouble. but quickly investors turned back to our looming problem, the road we're on to the so-called fiscal cliff at the end of the year. $650 billion of combined spending cuts and tax cuts expiring automatically. wall street's selloff led to a loss of $300 billion in market value. late this evening, greece passed its budget costs and that may ease concerns tomorrow morning on wall street. but until we have certainly about the rest of europe and most importantly, our own fiscal cliff, diane, we should be prepared for more days like this ahead. >> okay, thank you, bianna. >>> and on that topic, what happens next, as the country hurtles towards that fiscal cliff. 55 days from now. abc's jonathan karl coverer ers congress and says, if the election sent a message to washington, and what kind. >> reporter: from speaker of the house john boehner, to the newly re-elected pres
europe's debt crisis appears to be getting worse. there was rioting in greece today over new budget cuts and word that even europe's strongest economy, germany, is in trouble. but quickly investors turned back to our looming problem, the road we're on to the so-called fiscal cliff at the end of the year. $650 billion of combined spending cuts and tax cuts expiring automatically. wall street's selloff led to a loss of $300 billion in market value. late this evening, greece passed its budget...
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Nov 8, 2012
11/12
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europe's debt crisis appears to be getting worse. there was rioting in greece over budget cuts and word that europe's strongest economy germany is in trouble. but quickly investors turned back to our looming problem, the road we are on to the so-called fiscal cliff at the end of the year. $650 billion of combined spending cuts and tax cuts expiring automatically. wall street selloff led to a loss of $300 billion in market value wednesday alone. however, just after close of trading wednesday, greece did pass its austerity measures so markets should be tempered a bit. when it comes to the future we can't expect uncertainty as the fiscal cliff looms ahead. >> coming up, advice on sorting out some of the hottest new options in tablets and touch screen computers. >> would you believe tab tops, >>> and welcome back to "world news now." we are pleased to have with us tech editor joanna stern. joanna will tell us about five crazy computers that run microsoft's new windows 8. crazy in a good way. >> crazien a great way. i am telling you they'
europe's debt crisis appears to be getting worse. there was rioting in greece over budget cuts and word that europe's strongest economy germany is in trouble. but quickly investors turned back to our looming problem, the road we are on to the so-called fiscal cliff at the end of the year. $650 billion of combined spending cuts and tax cuts expiring automatically. wall street selloff led to a loss of $300 billion in market value wednesday alone. however, just after close of trading wednesday,...
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Nov 7, 2012
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investors focus on problems ranging from the fiscal cliff to the recession in europe. the stock market casting the shadow over the re-election celebration of obama. about no significant shift in the status quo. -- >> no significant shift in the status quo. we go to obama campaign headquarters. >> supporters rejoice outside the white house and in chicago. >> i want to thank every american who participated in this election. voted for the first time or waited a line -- which it in line for a long time. >> the outcome became clear before a midnight and the midwestern firewall held firm. >> we have fought our way back and we know in our hearts that for the united states of america, the best is yet to come out. >> 303 votes for obama 206 votes for mitt romney. the popular vote for president obama, 59 million votes governor romney with a 56 million. the crowd in boston was ten's most of the night which gave way to disappointment. >> paul and i have left everything on the field. we have given our all to this campaign. >> only 70% of voters were white, and that hurt the be publ
investors focus on problems ranging from the fiscal cliff to the recession in europe. the stock market casting the shadow over the re-election celebration of obama. about no significant shift in the status quo. -- >> no significant shift in the status quo. we go to obama campaign headquarters. >> supporters rejoice outside the white house and in chicago. >> i want to thank every american who participated in this election. voted for the first time or waited a line -- which it...
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Nov 2, 2012
11/12
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some designs have proven on coastal regions in europe. >> the statue of liberty is notice soil further that crews can go in to see if there is any damage there. >> thank you. those crews were working to get the power back on. people, they are boost in oura area. with dominiond sending they were help repair the damage. crews were fresh off of work in virginia. today, the sunniest day in our since sandy hitt, but wet d be headed our way. >> a lot of people have been talking about the chance of a nor'easter coming next week. there is a possibility, but affect our weather here? now, it looks like just a rainy day. take a look at this picture ballston. outnitely becoming breezy there this afternoon. take a look at this picture. take a look at the snow on the ridge top. only 36 in frost bird. 52 in woodbridge. here is a quick look at your travel forecast. over all, pretty agreeable to travel across the nation. >> coming up, another weekend stations and delays on metro. >> changes coming to the d.c. speed program. we had a good group of people. good group of employees out there. this was a bo
some designs have proven on coastal regions in europe. >> the statue of liberty is notice soil further that crews can go in to see if there is any damage there. >> thank you. those crews were working to get the power back on. people, they are boost in oura area. with dominiond sending they were help repair the damage. crews were fresh off of work in virginia. today, the sunniest day in our since sandy hitt, but wet d be headed our way. >> a lot of people have been talking...
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Nov 13, 2012
11/12
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the nomination to become the commander of nato forces in europe is on hold for general john allen. is being investigated as part of the ongoing david petraeus sex scandal. >> the president has agreed. to put his nomination on hold until the facts determined. >> the fbi has uncovered the alleged inappropriate communication between allen and jill. the florida woman who says she of harassing e-mails. overnight, fbi agents searched her home taking other boxes and a computer. there are concerns that she could ever receive the classified information. >> i do not believe based on my discussions that there was any crossover between his personal life that he was having with paula and his duties that he was carrying on as the director of the cia. she is in hiding. her father tells the new york daily news that this is about something else entirely. and the truth will come out. what also is expected to come out is a time line on the investigation. lawmakers want to know why there were not told about the probe months ago. >> we need to make sure that military secrets, the cia was protected. but
the nomination to become the commander of nato forces in europe is on hold for general john allen. is being investigated as part of the ongoing david petraeus sex scandal. >> the president has agreed. to put his nomination on hold until the facts determined. >> the fbi has uncovered the alleged inappropriate communication between allen and jill. the florida woman who says she of harassing e-mails. overnight, fbi agents searched her home taking other boxes and a computer. there are...
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Nov 12, 2012
11/12
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our attention turns to the debt crisis of europe and discussing bailout funds for greece. statistics show the department of veterans affairs is falling behind in the mission to care for veterans. that is despite an increase in budget and staff. about 896,000 disability compensation and pension claims were pending as of last week. about two-thirds of them were in the system more than 125 days. that is beyond the agency's target processing time. with as many as within million troops to be veterans in the next five years they will need that support. more u.s. companies are looking to hire military veterans. a survey found 65% of employers would likely hire a vet over another equally qualified candidate. if you want to fly home for the holidays but not sure over thanksgiving or christmas i will tell you which is the cheapest in the next hour. i'm linda bell reporting for abc 7 news. >> thank you, linda. 4:3 and 52 degrees. >> we have a new way to get you going in the morning while bringing you the latest news. you can sign up for our new abc 7 alarm clock application. >> an up
our attention turns to the debt crisis of europe and discussing bailout funds for greece. statistics show the department of veterans affairs is falling behind in the mission to care for veterans. that is despite an increase in budget and staff. about 896,000 disability compensation and pension claims were pending as of last week. about two-thirds of them were in the system more than 125 days. that is beyond the agency's target processing time. with as many as within million troops to be...
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Nov 14, 2012
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. >> reporter: but his nomination to be nato's supreme allied commander in europe is on hold. an official told abc news, the fbi uncovered hundred if not thousand of e-mails between david petraeus and his biograph biographer, paula broadwell. many of them salacious in nature. earlier this summer, jill kelley receivednonymous threat tenning e-mails the fbi traced to broadwell's computer. there they discovered evidence of her affair with petraeus. general allen received one e-mail traced to broadwell that claimed jill kelley was a seductress. the president was sur pried when he heard of the petraeus s situation last week. rob, paula, back to you. >> all right, thank you, kiren. >>> we are learning much more about the tampa socialite at the center of this scandal. jill kelley has a special license plate, designating her as an honorary consul. title given by korean embassy. but is carries no official responsibilities. nor does it grant any immunities or even pay a sty penned. though she has not been accused of any wrongdoing just yet. kelley hired a,000 top criminal defense attorn
. >> reporter: but his nomination to be nato's supreme allied commander in europe is on hold. an official told abc news, the fbi uncovered hundred if not thousand of e-mails between david petraeus and his biograph biographer, paula broadwell. many of them salacious in nature. earlier this summer, jill kelley receivednonymous threat tenning e-mails the fbi traced to broadwell's computer. there they discovered evidence of her affair with petraeus. general allen received one e-mail traced to...
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Nov 13, 2012
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but the defense secretary has asked for the general's pending nomination, as nato's top commander to europe will be delayed. rob and paula? >> thank you for sorting all of that out on this tuesday morning. thanks. >>> a lot of layers to this story to say the least. what's making it newsworthy is what access did paula have to classified information? was national security ever at risk? that's why this is getting so much attention beyond the soap opera-like details of this. it's really the access issue and national security. >> layers, would be an understatement. >> lots of questions. >>> another developing story overnight. the search is on for tech pioneer john mcafee, wanted for questioning in a murder. mcafee, who gave his name to the famous anti-virus software, lives in the country of belize, where his neighbor has been found shot to death. police there called the 57-year-old a person of interest in the case. and a lot of people describe his recent behavior as eccentric. >>> and the voice behind elmo for nearly 30 years has taken a leave of absence, amid allegations that he had a relations
but the defense secretary has asked for the general's pending nomination, as nato's top commander to europe will be delayed. rob and paula? >> thank you for sorting all of that out on this tuesday morning. thanks. >>> a lot of layers to this story to say the least. what's making it newsworthy is what access did paula have to classified information? was national security ever at risk? that's why this is getting so much attention beyond the soap opera-like details of this. it's...
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Nov 13, 2012
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inappropriate" messages, putting on hold his likely promotion to become the supreme allied commander in europe. >> of course, it weighs on him as much as it weighs on dave petraeus. i believe that dave is very, very sad for what he admitted he did. >> reporter: at the center of this web, jill kelley, the tampa socialite and honorary military ambassador, living near the centcom headquarters where petraeus and allen were once based. officials say it was early this summer that kelley received anonymous e-mails, accusing her of flaunting her friendly relationships with top military brass. the fbi traced those e-mails back to paula broadwell's computer, where they discovered the evidence of broadwell's affair with david petraeus. but it doesn't stop there. abc news has learned that general allen also received an anonymous e-mail traced to paula broadwell, painting jill kelley as a seductress. a further look by the fbi into kelley's e-mails revealed hundreds between kelley and allen, 20,000 to 30,000 pages of communications in all. but a source familiar with the e-mails say they contain no evidence
inappropriate" messages, putting on hold his likely promotion to become the supreme allied commander in europe. >> of course, it weighs on him as much as it weighs on dave petraeus. i believe that dave is very, very sad for what he admitted he did. >> reporter: at the center of this web, jill kelley, the tampa socialite and honorary military ambassador, living near the centcom headquarters where petraeus and allen were once based. officials say it was early this summer that...
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Nov 8, 2012
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another reason for the stock slide is worry over europe's debt crisis, with rioting over new budget cuts in greece. >>> and another gauge of the magnitude of hurricane sandy. the impact on the auto industry. an estimated 250,000 cars and trucks could end up as total losses from the storm, which might lead to a spike in new car sales. automakers say 16,000 new vehicles, many at the port of newark, will have to be scrapped. >>> with thanksgiving just two weeks away, predictions of jam-packed planes and higher fares are proving to be true. nearly 24 million people will fly domestic airlines over the holiday, with planes about 90% full. the number of tickets already sold for christmas and new year's is up more than 50% compared to last year at this time, with prices up sharply, as well. >>> and walmart is upping the ante in high-stakes black friday shopping. the retail giant will open at 8:00 p.m. on thanksgiving. that's two hours earlier than last year. and they're prompting a better shot at landing the hottest items. among the deals, a tv for 148 bucks. and a blu-ray player for $38. 8:00.
another reason for the stock slide is worry over europe's debt crisis, with rioting over new budget cuts in greece. >>> and another gauge of the magnitude of hurricane sandy. the impact on the auto industry. an estimated 250,000 cars and trucks could end up as total losses from the storm, which might lead to a spike in new car sales. automakers say 16,000 new vehicles, many at the port of newark, will have to be scrapped. >>> with thanksgiving just two weeks away, predictions...
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Nov 18, 2012
11/12
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one is europe showed it is going back in to a recession. two you had a change in china and leadership. we don't know necessarily what that means. three, yes, the fiscal cliff is part of it but there's a good chance that people think taxes will likely go up or deduction go down. and a lot of people are selling because they have gains. i mean, so -- >> year-end positioning. >> year end positioning. the other thing is i don't want to be naive. a lack of clarity is not good. >> we will leave it there. great to talk to you. >> thank you, marie. >>> xt we will take you behind the big business of fracking. capping in to america' natural gas resources. what are theeconomic and environmental costs? >>> and later the california entrepreneur behind twitter. how jeff dorsey changed the way to communicate. now he is looking at how you use money. as we take a break look at how the stock market ended the week. back in a moment p. p. . [ female announcer ] there's one thing dave's always wanted to do when he retires -- keep working, but for himself. so as
one is europe showed it is going back in to a recession. two you had a change in china and leadership. we don't know necessarily what that means. three, yes, the fiscal cliff is part of it but there's a good chance that people think taxes will likely go up or deduction go down. and a lot of people are selling because they have gains. i mean, so -- >> year-end positioning. >> year end positioning. the other thing is i don't want to be naive. a lack of clarity is not good. >> we...
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Nov 8, 2012
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the europe men's soccer team learned it will start the final round of world cup qualifying and honduras. >> -- in honduras. >> hello, and again. let's touch with the d.c. united. the game was canceled last night because of heavy snow in harrison, new jersey. they were still going to try to get the game played. the snow caused severe problems on the playing field. the match was moved until tonight. the game time is 7:30. the wizards were in the garden last night. they came from 10 down. this makes it a one. lead in the fourth. in over time it was all celtics. they all fall down after the miss. rondo to bass. goodnight and drive home safely. the celtics when 100-94 and the wizards go to 0-3. >> thank you very much. 5:27 and 40 degrees. ♪ ♪ ♪ we were skipping stones ♪ ♪ and letting go ♪ ♪ over the river and down the road ♪ [ female announcer ] at nature valley we know nature comes together in amazing ways. that's why we bring together natural ingredients, like dark chocolate with toasted oats, or sweet golden honey. perfect combinations of nature's delicious ingredients fro
the europe men's soccer team learned it will start the final round of world cup qualifying and honduras. >> -- in honduras. >> hello, and again. let's touch with the d.c. united. the game was canceled last night because of heavy snow in harrison, new jersey. they were still going to try to get the game played. the snow caused severe problems on the playing field. the match was moved until tonight. the game time is 7:30. the wizards were in the garden last night. they came from 10...
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Nov 15, 2012
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and today, we learn europe is officially in a recession. of course, the real concern is the fiscal cliff jon karl was talking about. the spending cuts and tax increases that could take effect at the end of the year. just the threat of going over the fiscal cliff may stall a fragile economy. why? consumers may cut back on holiday shopping. and businesses worried about the future delay to hire workers or investing in new equipment. that's all a real concern, josh. it won't be going away anytime soon. >>> new reaction to mitt romney's explanation for why he lost the presidential election. he told donors that president obama was re-elected because of the, and i quote, financial gifts, end quote, that he gave to black, latino and young voters. meaning obama care, the d.r.e.a.m. act, contraception for women and loans. bobby jindal, a former romney surrogate called the comments absolutely wrong. >>> and there's word that oil giant bp could plead guilty as early as today for its role in the massive 2010 gulf oil spill. as part of a reported deal wi
and today, we learn europe is officially in a recession. of course, the real concern is the fiscal cliff jon karl was talking about. the spending cuts and tax increases that could take effect at the end of the year. just the threat of going over the fiscal cliff may stall a fragile economy. why? consumers may cut back on holiday shopping. and businesses worried about the future delay to hire workers or investing in new equipment. that's all a real concern, josh. it won't be going away anytime...
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Nov 11, 2012
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austerity, if you believe in evidence based in politics and economic, you look look at what's going on in europe, austerity, american-style in this country, has led to economic pain, has led to killing growth. killing growth. >> wait a minute. it's my turn on this. >> debt and deficit. >> what i don't understand is, how do american people let all of these members of congress, the senate and the president off the hook? we're now going to go off the fiscal cliff. we have known about this since july of last year. all they have done is absolutely nothing. >> nothing that couldn't get done. >> but, you know what, of course, that's the deplorable thing. we all say that's the way it is. nothing ever gets done. i'm surprised that the american people, everybody knows about this, the government has been on stall. that's the way it is. that's the way it's always done. but now it's fiscal cliff where a lot of americans are going to get hurt. >> and greta, i think what the president has laid out, think he's been very reasonable. we said that we need balance. we'll make investments in infrastructure and educa
austerity, if you believe in evidence based in politics and economic, you look look at what's going on in europe, austerity, american-style in this country, has led to economic pain, has led to killing growth. killing growth. >> wait a minute. it's my turn on this. >> debt and deficit. >> what i don't understand is, how do american people let all of these members of congress, the senate and the president off the hook? we're now going to go off the fiscal cliff. we have known...
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Nov 9, 2012
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the retailer is in spain, europe where breast-feeding may be a little more acceptable not that it isn't in the u.s. the breast-feeding doll, suckling sound prompted by sensors sewn into a halter top, nipples of little girls. the little girls have to put the sensor top on. suckling sound. as a mom i can say my daughter was intrigued when i was breast-feeding my son. but i don't know. >> so it doesn't actually, just -- >> makes the sound. >> does a little girl need to get into all that. >> they do everything else, push carts. strollers. >> that's not bodily. okay. >> i don't know. >> another story, clearly, how do you top the breast-feeding doll? >> we don't have time to get into this one. >> still time for the polka. [ instrumental "world news now" polka plays ] ♪ ♪ see life in the best light. outdoors, or in. transitions® lenses automatically filter just the right amount of light. so you see everything the way it's meant to be seen. maybe even a little better. experience life well lit, ask for transitions adaptive lenses. visit an america's best location near you today to find the
the retailer is in spain, europe where breast-feeding may be a little more acceptable not that it isn't in the u.s. the breast-feeding doll, suckling sound prompted by sensors sewn into a halter top, nipples of little girls. the little girls have to put the sensor top on. suckling sound. as a mom i can say my daughter was intrigued when i was breast-feeding my son. but i don't know. >> so it doesn't actually, just -- >> makes the sound. >> does a little girl need to get into...
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Nov 8, 2012
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europe is one of them. the debt crisis there is putting new pressure on germany's economy. and riots are breaking out in greece because the government there is forced to slash jobs. the other crisis is here at home. that so-called fiscal cliff looming. if congress fails to act, spending cuts and tax increases will kick in, costing the average american household, some $3,700 next year. you heard jon karl mention, house speaker boehner is looking to compromise with democrats and raids taxes under the right conditions to stop us from going over that fiscal cliff. we'll see in the days and weeks ahead whether wall street believes that's possible. >> thank you for that. >>> meanwhile, today, for the first time, former congresswoman gabrielle giffords will come face-to-face with the man who almost took her life. giffords and her husband, astronaut mark kelly, will be in the courtroom before jared loughner. loughner shot giffords in the head and wounded 12 others in january last year. >>> and great news overnight. surgeons at children's hospital in philadelphia have successfully s
europe is one of them. the debt crisis there is putting new pressure on germany's economy. and riots are breaking out in greece because the government there is forced to slash jobs. the other crisis is here at home. that so-called fiscal cliff looming. if congress fails to act, spending cuts and tax increases will kick in, costing the average american household, some $3,700 next year. you heard jon karl mention, house speaker boehner is looking to compromise with democrats and raids taxes under...
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Nov 15, 2012
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it's fantastic living in europe, especially in the south of europe. [laughter] >> the north isn't too bad. >> the weather is good. the weather is better. [laughter] >> certainly better -- >> but the question is for me, the question is we are -- [inaudible] you consider that this is a question of years ago. and it is a question for you. you decided to continue -- [inaudible] the stability that we all allow, and look at the map of the world. the western balance continue to be the wonderful balance of the world. i wish to defend this. in the atlantic you can extend this alliance. look in the atlantic. it is not true that only the future is in the pacific. look in the atlantic. water reserves, oil reserves and land. it's very impressive. and you look in europe, north america, south america, you recreate an atlantic space not against anything, but in favor of the most ability in the world. this is an expression of this possibility agreement, free trade agreement, economic opportunity between europe and you can extend the this for the rest of the world. --
it's fantastic living in europe, especially in the south of europe. [laughter] >> the north isn't too bad. >> the weather is good. the weather is better. [laughter] >> certainly better -- >> but the question is for me, the question is we are -- [inaudible] you consider that this is a question of years ago. and it is a question for you. you decided to continue -- [inaudible] the stability that we all allow, and look at the map of the world. the western balance continue to...
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fix the american economy be taken into europe can going to say measures to fix europe as well art or you do what you do need to have different approaches because it is two different things still there are different things europe essentially has a double problem they have how do we get southern european and northern european economies to move in the same direction and for that i think the answer is don't pursue austerity pursue growth and then there's a second problem of once countries are all moving in the same direction can you fix the european financial system and create united structures so that this problem doesn't appear again as it may appear in the next economic difficulty if the current division among national financial systems isn't isn't fixed as the author of the over book on global population trends you. have argued that the most important thing is really the distribution of population now that the rich economies are really out of steam and the global economic crisis god knows how long it will stay around will this economy sexually be capable of absorbing. even new scores
fix the american economy be taken into europe can going to say measures to fix europe as well art or you do what you do need to have different approaches because it is two different things still there are different things europe essentially has a double problem they have how do we get southern european and northern european economies to move in the same direction and for that i think the answer is don't pursue austerity pursue growth and then there's a second problem of once countries are all...
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Nov 8, 2012
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the economic outlook for europe remains grim. now the european central bank chief, mario draghi, is warning that germany, which has so far been largely immune to the debt crisis, will start to feel the effects. >> the comments came as chancellor merkel delivered a speech to the european parliament about growth. she defended her consistent push for austerity measures and fiscal responsibility and reiterated her belief that brussels should be able to supervise national budgets within the eu. >> chancellor merkel is not used to receiving applause in brussels. lawmakers often accuse her of citing only with germany, but she came to present her own vision of europe. she would like to see a timetable for a full economic and currency union like was agreed that the eu summit last month. >> we must be ambitious and demanding. we must not shrink from amending the agreement that forms the basis of our economic and monetary union if necessary. this process of consolidation in the european union is essential, and i view the european parliament
the economic outlook for europe remains grim. now the european central bank chief, mario draghi, is warning that germany, which has so far been largely immune to the debt crisis, will start to feel the effects. >> the comments came as chancellor merkel delivered a speech to the european parliament about growth. she defended her consistent push for austerity measures and fiscal responsibility and reiterated her belief that brussels should be able to supervise national budgets within the...
WHUT (Howard University Television)
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Nov 14, 2012
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this is what europe is doing as we speak. low volumes being traded, because of all the uncertainty, there is a certain validity in saying that these numbers do not work, but if you look at the lack of economic growth, today we learned the third quarter in the greek economy shrank by 7.2% this year and the economy is expected to shrink next year. the sixth year in a row where we are seeing the greek economy going in reverse. all of this bailout money just does not work. >> do you know what else is not working? some cars. >> if you are a toyota executive today, you will be suffering from another big headache. today they recall nearly 3 million vehicles. the problem with these ones is the water pump or steering problem. half of the cars are on the road in japan, most are on the road in -- the rest are on the road in europe and the united states. all of this is a problem for toyota. last month, 7 million recalls over the faulty electrical window bond -- button. 12 million vehicles were recalled over a sticking accelerator. the pr
this is what europe is doing as we speak. low volumes being traded, because of all the uncertainty, there is a certain validity in saying that these numbers do not work, but if you look at the lack of economic growth, today we learned the third quarter in the greek economy shrank by 7.2% this year and the economy is expected to shrink next year. the sixth year in a row where we are seeing the greek economy going in reverse. all of this bailout money just does not work. >> do you know what...
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on europe extremely comfortable. for a different reason. than the debates in the house of commons your in my time there and this is continue to some extent have been extremely polarized there have been the euro fanatics who think the europe can do no wrong anything is european must be better than anything this national and then they'll be a whole group of xenophon who hate foreigners who hate europe and think it's the work of the devil and the. they they both speak with loud voices both those groups over people in the middle like myself who are in no way hostile to europe as i said i live half the time in france and i voice. enjoyed the company of that many european friends people and a who's who look at the thing objectively and say what makes sense what is makes economic and political sense both the united kingdom and indeed for europe when i tried to persuade the european countries not to go and i was transferred not to go down the route of monetary it wasn't because i thought it would suck britain to draw another g. and i knew perfectly
on europe extremely comfortable. for a different reason. than the debates in the house of commons your in my time there and this is continue to some extent have been extremely polarized there have been the euro fanatics who think the europe can do no wrong anything is european must be better than anything this national and then they'll be a whole group of xenophon who hate foreigners who hate europe and think it's the work of the devil and the. they they both speak with loud voices both those...
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know the doom and gloom of europe and the lack of outlook now i think that we are in a crisis point and when you move to a crisis mode you have to remember we become far more able to to create a mandate for change because not because of we want to have a mandate for change because we need a mandate for change and the fact the core europe as i just looted to is now in the same boat means that there is a more off of will and i see we've seen that this week through the increase in social tension of course through the demonstration but also from the mere fact that northern europe now seems able to and willing to accept some sort of a have caught on on greece if you were the one person to make all the necessary decisions in europe what would you do i would wish that all the politicians and the central banks would go away for two three years and i think the micro economy will take care of it but in a more serious sense i think what we need to focus on to is to make sure that we don't overdo any macro policy because macro policy will fail ultimately what we need is for you and me to get the em
know the doom and gloom of europe and the lack of outlook now i think that we are in a crisis point and when you move to a crisis mode you have to remember we become far more able to to create a mandate for change because not because of we want to have a mandate for change because we need a mandate for change and the fact the core europe as i just looted to is now in the same boat means that there is a more off of will and i see we've seen that this week through the increase in social tension...
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Nov 12, 2012
11/12
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we want a united europe. we want it integrated europe. we want a political europe. that is truly in the interest of europe. ladies and gentlemen -- >> to you mrs. merkel, you talked about european history. you have an intensive experience of that in your own life, your own life shows how important the united and free europe is. we in the epp have trust in you that the european union and you will continue to shape the european union. thank you. [applause] >> translator: i gave you seven minutes after all. he fully supports mr. daul. the next speaker is mr. swope at us from the national democratic. >> translator: i am glad that you have come, chancellor. i admire you personally. i'd meyer your commitment to europe, but i then have to ask myself about the national german policy for the e.u.. you know much better than i do chancellor that the german economic miracle was based on the good social conditions that we have had in germany. that you had in germany. there was the troika. we have seen the breakdown of social networks and increase you have seen what happened. you
we want a united europe. we want it integrated europe. we want a political europe. that is truly in the interest of europe. ladies and gentlemen -- >> to you mrs. merkel, you talked about european history. you have an intensive experience of that in your own life, your own life shows how important the united and free europe is. we in the epp have trust in you that the european union and you will continue to shape the european union. thank you. [applause] >> translator: i gave you...
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elections they are today after all but what about europe what is going on in europe that we've been missing and what can we learn from europe about what may be coming for the united states edward harrison is with me as founder of credit write down he's helping us assess all of this so now edward i have to admit with europe going on so long and feeling a little like groundhog day with the eurozone crisis i'm a little behind i know angela merkel said that this is not going to be over in one to two years we're looking at five years at least so are we doomed to five more years of groundhog day type news out of the eurozone and what are the key things that we should be not miss saying with our eyes glazing over at times. we have to be thinking about political sustainability verses you know what i would call debt deflation on the one hand you have the path which is that you know in countries like germany people are saying these people in greece or spain and so forth they really need to tighten their belts we've done therefore they need to do it as well but at the same time we don't want the whole
elections they are today after all but what about europe what is going on in europe that we've been missing and what can we learn from europe about what may be coming for the united states edward harrison is with me as founder of credit write down he's helping us assess all of this so now edward i have to admit with europe going on so long and feeling a little like groundhog day with the eurozone crisis i'm a little behind i know angela merkel said that this is not going to be over in one to...
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will they be america and europe be able to sustain their living standards like they are today i think they'll be able to sustain them to a good degree because they have the technology and the capital but it will take sensible economic policies if europe and the us continue to spend way too much on. public benefits like pensions and don't pay enough attention to research and education to raise the productivity of future workers then things will decline so there is the risk that we got it wrong on the other hand there's no reason that european and american people and companies won't profit from the growth that takes place in places like china and india it's already a global economy so i think the prospects are good but let me also. say even though a place like shanghai or mumbai may not be as rich as london or paris they have their own attractions being at the center of something new and exciting and growing fast can be just as attractive as being in a place like zurich that has a lot of old but stable well jack goldstone thank you very much to you pleasure to be here thank you very muc
will they be america and europe be able to sustain their living standards like they are today i think they'll be able to sustain them to a good degree because they have the technology and the capital but it will take sensible economic policies if europe and the us continue to spend way too much on. public benefits like pensions and don't pay enough attention to research and education to raise the productivity of future workers then things will decline so there is the risk that we got it wrong...
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but two factors here the first one is a very weak economy situation in europe and the second one. is the temperature situations bourse in some not because somebody was going to hold that's why their condition didn't consume too much gas. i mean the big three cities called you can consume too much gas and. until now we don't see. good temperature for consumption. in europe is substantially higher of a village waited for for the last maybe fifteen twenty years so there is no targeting us just to sell as much gas as possible our target is to sell as much gas . will be efficient to sell and that's why we. are not just running for good round figures specially we use a we're in a position to optimize production of our main gas fields and it will be in the decline of production by the way of oldfield's who most lower than expected in the past plus we introduced by new field which is one of the journalists in our crown. and guess who is transport it was in yuma sense in a very efficient way so we as i told you we will not just deliver to the market we will develop the market including. yo
but two factors here the first one is a very weak economy situation in europe and the second one. is the temperature situations bourse in some not because somebody was going to hold that's why their condition didn't consume too much gas. i mean the big three cities called you can consume too much gas and. until now we don't see. good temperature for consumption. in europe is substantially higher of a village waited for for the last maybe fifteen twenty years so there is no targeting us just to...
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Nov 28, 2012
11/12
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a look at what the deal means for europe and american investors. >> tom: and it's "givng tuesday," a new effort to add charity to your gift list this holiday season. >> susie: that and more tonight on nbr! >> tom: a lengthy courtship finally resulted in the marriage today between conagra foods and ralcorp. conagra is paying $5 billion to buy private label food giant ralcorp. that works out to $90 a share, a nearly 30% premium to ralcorp's closing stock price on monday. the deal will make conagra the largest manufacturer of private label foods. suzanne pratt takes a look at what's become a booming business. >> reporter: it used to be consumers would buy private label products to clean their bathrooms or wash their clothes. lately, however, they're eating them, too. from sodas to peanut butter, private label brands are shaking off the yuck! stigma and attracting value-conscious customers. and it's the popularity of private label food that's behind the tasty conagra-ralcorp deal. >> private label, otherwise known as store brands, is ining traction with retailers and shoppers. in fact, s
a look at what the deal means for europe and american investors. >> tom: and it's "givng tuesday," a new effort to add charity to your gift list this holiday season. >> susie: that and more tonight on nbr! >> tom: a lengthy courtship finally resulted in the marriage today between conagra foods and ralcorp. conagra is paying $5 billion to buy private label food giant ralcorp. that works out to $90 a share, a nearly 30% premium to ralcorp's closing stock price on...
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in other countries in europe well potentially it could be happening anywhere but the thing about the u.k. industry is that gas prices there are actually pretty high let's look at the numbers what we're seeing is that of romania has the lowest natural gas prices of any country in the e.u. by contrast swedish consumers have to pay almost five times as much and in the u.k. households on average pay an equivalent of about eighty europe per month something still similar to what consumers in the states have to pay but in the u.k. gas has nearly doubled over the past seven years as for every one percent increase about forty thousand people slip into what's known as fuel poverty defined as well having to spend about ten percent or more of your monthly income on energy bills and there are about five million people in the u.k. at the moment that fall into that category i mean regulators and watchdogs in the in all of these countries you've mentioned a very important bodies and you're saying that basically turns out the price rigging might have been playing a role in all of this it might have b
in other countries in europe well potentially it could be happening anywhere but the thing about the u.k. industry is that gas prices there are actually pretty high let's look at the numbers what we're seeing is that of romania has the lowest natural gas prices of any country in the e.u. by contrast swedish consumers have to pay almost five times as much and in the u.k. households on average pay an equivalent of about eighty europe per month something still similar to what consumers in the...
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Nov 5, 2012
11/12
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first it was europe, then europe handed over the baton to the united states after pearl harbor, and roughly 1815 until today, europe, the united states and i would talk japan in there because they have been part of the western alliance system and the western liberal democratic capital system since 45, this section of the world has really been at the front of history. and what i'd like to suggest this afternoon and what i write about in my book is that the global order is starting to change again. the pendulum is swinging in a way that it hasn't slung since the 1700s. but this next global turn, this new swing of the pendulum will be different than the last. why? because the last time the pendulum swung to the north and west and north america and europe were at the head of history for the next several hundred years. today, the pendulum is swinging everywhere and, therefore, nowhere. it's swimming to china, to india, to brazil, to turkey. the united states will do just fine in the 21st century but so will a host of developing countries that have been behind the west for many years. and as a co
first it was europe, then europe handed over the baton to the united states after pearl harbor, and roughly 1815 until today, europe, the united states and i would talk japan in there because they have been part of the western alliance system and the western liberal democratic capital system since 45, this section of the world has really been at the front of history. and what i'd like to suggest this afternoon and what i write about in my book is that the global order is starting to change...
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Nov 28, 2012
11/12
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vienna, 1900, was one of the intellectual and artistic centers of europe. in tracing modern art's emergence in the 20th century, vienna embodies, perhaps more than any other city, the struggle to break with the ossified traditions of the 19th century to achieve a modern art, an art for the 20th century. turn-of-the-century vienna was a prosperous and technologically advanced society, peaceful and secure, the center of the austro-hungarian empire, ruled over for more than 50 years by the last of the hapsburgs-- emperor franz josef. franz josef symbolized permanence and stability. he cultivated a status quo, based on a bureaucracy and state censorship, which exerted a virtual strangle hold on the capital's cultural imagination. artistic life was dominated by the baroque history painting of the fine arts academy. architectural endeavor aimed at creating a sense of continuity with a grand past. the town hall-- late gothic... the hofburg theater-- high baroque... the parliament buildings-- classical greek. against this background, artists and architects across e
vienna, 1900, was one of the intellectual and artistic centers of europe. in tracing modern art's emergence in the 20th century, vienna embodies, perhaps more than any other city, the struggle to break with the ossified traditions of the 19th century to achieve a modern art, an art for the 20th century. turn-of-the-century vienna was a prosperous and technologically advanced society, peaceful and secure, the center of the austro-hungarian empire, ruled over for more than 50 years by the last of...
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could help out europe or indeed it could capitalize on the problems in europe. well i think china certainly wants to continue to develop a very close interdependent relationship with europe. europe has been one of the principal overseas destinations and this is picked up recently. in terms of what is called o.d.i. are over these outbound direct investment from china now it's very interesting to note that china has earmarked over one trillion u.s. dollars for overseas direct investment over the next few years and europe is one of the principal beneficiaries here so there is that dimension in terms of investment of course but the european union is currently china's number one trading partner so that there is a very robust trade that occurs and is occurring between. the two the two powers at the same time course china has has an abiding interest in seeing europe resolve its debt problems the debt crisis is affecting southern europe and indeed has participated to. some extent in cooperating with the european central bank in terms of greece's. financial difficulties
could help out europe or indeed it could capitalize on the problems in europe. well i think china certainly wants to continue to develop a very close interdependent relationship with europe. europe has been one of the principal overseas destinations and this is picked up recently. in terms of what is called o.d.i. are over these outbound direct investment from china now it's very interesting to note that china has earmarked over one trillion u.s. dollars for overseas direct investment over the...
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stressed that building up europe's capabilities would save and even create jobs pumping more investment into the military industry not all member states are going to be jumping for joy over the plans the more ambitious common security and defense policy could leave britain between a rock and a hard place the u.k. could end up getting dragged into military campaigns that it has no interest in joining. british m.p. david campbell bannerman voted against the move accusing brussels of encroaching on sovereignty by expecting states to relinquish control of fans and security decisions. it really does trespass international responsibilities for the feds and it's talking about you looking after its citizens it's a direct assault on sovereignty as i said this really is about politics rather than the military this is about actually furthering the cause of it one united states and europe because they want a single army a single the friends industry they want control for the part of their foreign policy of their own to involved in they want to get in for the high intensity conflicts in their termin
stressed that building up europe's capabilities would save and even create jobs pumping more investment into the military industry not all member states are going to be jumping for joy over the plans the more ambitious common security and defense policy could leave britain between a rock and a hard place the u.k. could end up getting dragged into military campaigns that it has no interest in joining. british m.p. david campbell bannerman voted against the move accusing brussels of encroaching...
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i mean so no new city in europe i'm the host of the twenty fourteen winter olympics . say. thank you. scots. thank you the. dog days of. the pride days it. takes a common. sudsy it's so true. plus. clinician and free credit cation free transport charges free. range month free risk free studio time free.
i mean so no new city in europe i'm the host of the twenty fourteen winter olympics . say. thank you. scots. thank you the. dog days of. the pride days it. takes a common. sudsy it's so true. plus. clinician and free credit cation free transport charges free. range month free risk free studio time free.
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well i think the most obvious reason that it's going to be different is because all of southern europe is engaged in a general strike in their days of action all over all over the continent i think also the scale and the intensity of the conflict opened up by a type of mobilization like a general strike is it is something very different than we've seen with the indignados and we really haven't seen the most intense part of the of the mobilization yet i mean the protests in major cities besides the picket lines and all of that haven't really started that starts at six o'clock where people who maybe haven't been able to take part in the picket lines or in the actual strike them selves or people who have participated in the strike will join in what will what we expect to be a hundred thousand person marches what are you saying though in those protests are you coming up with some sort of alternative whereby many people are saying of course austerity is the necessary power no alternative. well i mean i think a protest isn't about a solution a protest is normally about something you don't wa
well i think the most obvious reason that it's going to be different is because all of southern europe is engaged in a general strike in their days of action all over all over the continent i think also the scale and the intensity of the conflict opened up by a type of mobilization like a general strike is it is something very different than we've seen with the indignados and we really haven't seen the most intense part of the of the mobilization yet i mean the protests in major cities besides...
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cards or to go prepares an angry reception for the german chancellor are seen as the main force behind europe's very dry. this dirty life from moscow with me wearing a joshie serious fractured opposition has managed to form a new political body to help the rebels and their foreign backers oust president said the deal signed in the qatari capital doha follows pressure from western and arab supporters who are also waiting to see the formation of syria's new government in exile are disposal your reports from the region. this comes after days of political wrangling amongst the various syrian opposition forces they have been under pressure from both the united states as well as arab governments to form this unified body it is a sixty member assembly but it really brings together a wide array of people and organizations with very different affiliations it is essentially a patchwork organization amongst the new leaders are sunni muslims as well as a christian former communist and among the rebel fighters are those coming from very different ethnic and religious backgrounds with many asking the questio
cards or to go prepares an angry reception for the german chancellor are seen as the main force behind europe's very dry. this dirty life from moscow with me wearing a joshie serious fractured opposition has managed to form a new political body to help the rebels and their foreign backers oust president said the deal signed in the qatari capital doha follows pressure from western and arab supporters who are also waiting to see the formation of syria's new government in exile are disposal your...
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all right a second of what's happening on the markets first before we get to europe the u.s. markets are continuing their rather long decline already down one percent as retail sales drop point three percent in october they were hurt by hurricanes and also headlines all over shouting the economy is heading towards a fiscal cliff in the beginning of next year and therefore investors are choosing to be played safe so far over in europe indeed markets were trampled today by that stampede of protests across much of spade and portugal coupled with strikes all across europe london dipped one percent with oil and gas from suffering the most despite a recovery in oil prices now when it comes to the euro actually that was so the graphic in the previous on the european markets was a bit wrong as opposed to point down now when it comes to the euro it's a stronger to the dollar this hour because investors are focusing on these tax hikes and basically spending cuts which the u.s. is due to the first second and third of january meanwhile the russian ruble and mix against about. and for the
all right a second of what's happening on the markets first before we get to europe the u.s. markets are continuing their rather long decline already down one percent as retail sales drop point three percent in october they were hurt by hurricanes and also headlines all over shouting the economy is heading towards a fiscal cliff in the beginning of next year and therefore investors are choosing to be played safe so far over in europe indeed markets were trampled today by that stampede of...
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you know it's a very common sentiment all over europe that mrs merkel through the capitalist crisis is able to accomplish what out of hitler and all of his troops never could so i think there's a point to it but i would see it slightly differently i think angela merkel's politics right now are to do nothing germany is sitting pretty germany's unemployment has been coming down germany doesn't have to impose anything like the austerity on its people that it advocates everywhere else at least for the time being so she doesn't want to have any grand change of the situation because it's working pretty well for germany right now i think what she's doing and the way to understand this is europe is trying to unify they see the challenge from the united states as competition and from china's competition and they know they have to struggle to find their place and one step is to unify all those countries into the united states of europe but the question is around what is it going to be a unification in europe that looks like what romney and ryan would want or is it going to be a unification that
you know it's a very common sentiment all over europe that mrs merkel through the capitalist crisis is able to accomplish what out of hitler and all of his troops never could so i think there's a point to it but i would see it slightly differently i think angela merkel's politics right now are to do nothing germany is sitting pretty germany's unemployment has been coming down germany doesn't have to impose anything like the austerity on its people that it advocates everywhere else at least for...
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to start construction of the south stream project the pipeline will transport russian natural gas to europe bypassing ukraine doing so the company wants to and transit cost disputes with ukraine which happen almost every winter now after five years of negotiations gazprom is in a hurry just ask construction work is scheduled to begin before the end of this year also president putin has ordered gazprom to pay more attention to emerging shale gas market that as some experts believe may challenge gazprom predominance. her missed a very welcome to the show thank you very much for being with us and all the banks thanks and let's start with the news with the news related items well first of all president putin according to the news has asked nava tech to cooperate with gazprom on signing contracts on your mouth liquefied natural gas exports how do you see this cop ration does it mean that gazprom will have to share its consumers with no overtake how big is potential of the russia's share on the global energy market here but the situation is quite different there is no conflict of interest here an
to start construction of the south stream project the pipeline will transport russian natural gas to europe bypassing ukraine doing so the company wants to and transit cost disputes with ukraine which happen almost every winter now after five years of negotiations gazprom is in a hurry just ask construction work is scheduled to begin before the end of this year also president putin has ordered gazprom to pay more attention to emerging shale gas market that as some experts believe may challenge...
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Nov 16, 2012
11/12
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in europe's biggest economy, germany, third quarter gdp growth came in at just 0.2%. it was the same figure in france, though analysts had been expecting even weaker numbers. in the netherlands, the economy contracted in the third quarter. one reason is more and more consumers are cutting back on their spending, fearing tough times ahead. another reason is that businesses are also scaling back. manufacturers also anticipate weaker demand from struggling eurozone partners. >> news of the recession did not pull down the market drastically. our correspondence sent us this report from the frankfurt stock exchange. >> of course it is bad news that the economy and the eurozone slipped into recession, but still, traders managed to find a few positive aspects in the reports. in italy, the contraction was much smaller than what economists had anticipated. france against the odds managed to produceive gross domestic product. this means, for germany, the possibility remains intact that our economy during the current quarter remains in positive territory as well. the biggest-lose
in europe's biggest economy, germany, third quarter gdp growth came in at just 0.2%. it was the same figure in france, though analysts had been expecting even weaker numbers. in the netherlands, the economy contracted in the third quarter. one reason is more and more consumers are cutting back on their spending, fearing tough times ahead. another reason is that businesses are also scaling back. manufacturers also anticipate weaker demand from struggling eurozone partners. >> news of the...
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Nov 7, 2012
11/12
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europe or the fiscal cliff? >> i actually think -- i think it would be the fiscal cliff but i have to tell you, if europe starts to implode and look what they're doing in greece today, if that movement starts to move to spain and the other countries that's going to steal the headlines. >> i think those pictures as well. even if we don't get headlines out of greece. when you see those kinds of pictures, it brings it all back home. >> it brings it all back home. then people are concerned that it gets out of control. then it starts to go to spain. starts to go to the other countries. then does it in fact come to our shores? if we go over the fiscal cliff. >> i'll see you a little later in the show. >>> phil lebeau joins us now. he's got more on the late breaking news on boeing for us. what do you got, phil? >> sue, boeing is just announcing that it is doing what essentially is -- what they're saying is not a major restructuring but is nonetheless a further restriction and movement and consolidation of mid level exe
europe or the fiscal cliff? >> i actually think -- i think it would be the fiscal cliff but i have to tell you, if europe starts to implode and look what they're doing in greece today, if that movement starts to move to spain and the other countries that's going to steal the headlines. >> i think those pictures as well. even if we don't get headlines out of greece. when you see those kinds of pictures, it brings it all back home. >> it brings it all back home. then people are...
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europe and asia including both china and japan. google says the number of government requests to access and remove online data has risen to twenty two of the us once again top the list asking for the private information of almost eight thousand users in the first six months of the year. later the u.k. pirate party he told me that he believes the government uses national security as a pretext to get its hands on personal data thing a very worrying trend each time that these reports are being have been republished by google we've seen an increase of prayer requests from a whole range of things there's been a lot of copyright requests but also i think most alarmingly is this trend towards requesting personal date we hear this mantra of national security all the time there are a perfectly legitimate way to get and to gain or to gain information which in that is under through the rule of law and through getting a warrant in a court. what is particularly alarming it's that actually this is part of a general trend towards governments want
europe and asia including both china and japan. google says the number of government requests to access and remove online data has risen to twenty two of the us once again top the list asking for the private information of almost eight thousand users in the first six months of the year. later the u.k. pirate party he told me that he believes the government uses national security as a pretext to get its hands on personal data thing a very worrying trend each time that these reports are being...
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will slip into another recession and that will hugely affect the rest of europe and europe is not going to take that sitting down that's already been a sort of war of words between the u.s. and european countries a bomb seemed to be meddling earlier this year in the economic affairs of european countries and particularly germany and france old of why it is not good they said to the u.s. to mind your own deficit and your own debt. from the flames the u.s. how intricate the economic crisis pretty economy could be a thing which is which really comes into play in the next couple of months if obama can't get that budget deal through congress largely on his plate in the next coming weeks for sure do you years or are there is a feeling that obama is more diplomatic than romney might have been when it comes to relations with russia so what obama the victor how do feature moscow washington ties look. well on one hand many of you obama is the engine behind you the reset of relations with moscow on the biggest achievement is that is the new nuclear arms reduction treaty but on the other some of th
will slip into another recession and that will hugely affect the rest of europe and europe is not going to take that sitting down that's already been a sort of war of words between the u.s. and european countries a bomb seemed to be meddling earlier this year in the economic affairs of european countries and particularly germany and france old of why it is not good they said to the u.s. to mind your own deficit and your own debt. from the flames the u.s. how intricate the economic crisis pretty...
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you with us here on r t today i'm rory sushi life in the russian capital it is a day of unity like europe hasn't seen in years though for all the wrong reasons a series of mega protests are underway across the globe millions expected to show up in a resoundingly course saying no to austerity already hundreds of flights have been canceled with nations paralyzed by war and strikes and let's get the latest marty sarah ferguson is at the epicenter of it all in madrid. were in the center and you can see behind me the these cars already lining the streets to go to these helicopters say that heads were already getting figures in there that being a number of arrests already made today here in the trade of course is not just spain this striking today it's political we call greece we've got it's really all a getting involved in this movement and a number of other countries as well belgium cypress motor. the united kingdom are also going to be having various demonstrations throughout the day old rallying around this one message and that is no new tool sterrett say now we've been covering the story v
you with us here on r t today i'm rory sushi life in the russian capital it is a day of unity like europe hasn't seen in years though for all the wrong reasons a series of mega protests are underway across the globe millions expected to show up in a resoundingly course saying no to austerity already hundreds of flights have been canceled with nations paralyzed by war and strikes and let's get the latest marty sarah ferguson is at the epicenter of it all in madrid. were in the center and you can...